the book value of the FHA loans under the Bush Administration was terribly in the red; before, under the Clinton Administration, just barely positive; under the Bush Administration, deeply in the red--broke, if you will.
Perlmutter compares FHA loan values across different administrations.
Share
More from Ed Perlmutter
This committee has heard reports of modern-day redlining, high and misleading fees, and unfair use of credit scores.
If there is anything that is built on trust, it is banking, and the banking sector lost a lot of trust in 2008.
I remind my friend, Mr. Pfluger, that this bill is about separating loans. It is not about the energy policy, although I will address some of his remarks in a second. This is about the some 14,000 people that have taken advantage, clearly…
Other voices in this conversation
